Math. Yup, that’s the answer. So, this authorized user tradeline concept isn’t a “chance” process. The “proof” that tradelines work is the fact that tradelines exist (explained below). The only question is how much your scores will increase. This is not a scenario in which a human being is making a risk decision or calculation. This is not a scenario in which other considerations (like income, etc.) are considered. This is how it works:
- Information flows into the credit bureaus.
- Credit bureau data flows through scoring models (like FICO).
- The outcome is your score.
So, when we add tradelines to your credit report, the information flows into the credit bureau(s), through the scoring models and your score is positively affected. In fact, the federal government (well, kind of… it was the federal reserve board, which isn’t actually “federal” at all) conducted a study and concluded:
If you want to get wonky, you can check out their graph, which breaks down score changes by all types of groups (age, sex, race, etc.). However, please note that they used a Federal Reserve Board simulated score, so the score changes will be difference than with FICO scores (which lenders use). Here’s the graph:credit score changes after adding tradelines
Okay, so we know that it technically works. So, how could people say it does not work? How could this go wrong? Perhaps the company you hired didn’t do what they said they were going to do (which is why you should hire a legitimate company like us).
We’re working on a page that shows before and after reports with both online and official lender credit reports and scores so that consumers can see results. However, as you can imagine, people are quite concerned with allowing us to publish their reports (even though they are heavily redacted).